Principles of Management | Detailed One shot | class 12 Business studies for Pre Board & Boards 2024

In this video, Sunil Sir has revised the entire chapter of Principles of Management, Business Studies, Class 12th CBSE.

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Time Codes
0:00 - Introduction
00:26 - Official Syllabus.
00:55 - Meaning of Principle of Management.
02:13 - Characteristics/ Nature or features of management principles.
03:45 - General guidelines.
13:15 - Importance or significance of management principles.
20:16 - Henry Fayol 14 principles of Management.
21:51 - 1. Division of work.
24:00 - 2. Authority and responsibility.
26:12 - 3. Discipline.
28:14 - 4. Unity of command.
29:56 - 5. Unity of Direction.
31:19 - 6. Subordination of individual interests to general interest.
35:42 - 7. Remuneration to persons.
36:49 - 8. Centralisation and decentralisation.
39:19 - 9. Principles of scalar chain.
41:43 - 10. Principle of order
43:22 - 11. Principle of equity.
45:57 - 12. Stability of tenure of Personnel.
48:03 - 13. Initiative.
49:52 - 14. Esprit De Corpse.
52:00 - Scientific management.
53:25 - Science not rule of thumb.
56:05 - Harmony, not discord.
58:17 - Cooperation not individualism.
01:01:02 - Development of workers to their greatest efficiency.
01:03:53 - Scientific techniques of Taylor.
01:04:00 - Functional foremanship.
01:06:17 - Four experts underage department.
01:09:54 - Standardisation and simplification of work.
01:13:00 - Work study.
01:21:16 - Differential piece waste system (strong Motivator)
01:23:50 - Mental revolution.

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( SUNIL PANDA )
Principles of Management | Detailed One shot | class 12 Business series for Pre Board & Boards 2024.
Chapter 2 Business studies cbse

[YourEditsx]

DAD UU SEE I CROSS
1. Division of work
2. Authority and responsibilty
3. Discipline
4. Unity of command
5. Unity of direction
6. Subordination of individual intrest to general interest
7. Equity
8. Esprit de corps
9. Initiative
10. Centralisation and decentralisation
11. Remuneration of person
12. Principle of order ( take O from order)
13. Scalar chain
14. Stability of tenure of personnel

[punitmishra]

14 principles of Henry Foyol:-
1. Division of work
2. Authority and responsibility
3. discipline
4. unity of command
5. principle of order
6. Subordination of individual interest to general interest
7. Principle of scalar chain
8. Principle of equity
9.principle of initiative
10. Esprit de corps
11.unity of direction
12. Remuneration to person
13. Centralisation and decentralisation
14. Stability of tenure personnel

[Anuj_singh]

Bhot mehnat kar rahe ho sir aap humare liye


I bow down to you 🙇
Have my respect sir ❤🙏

[DivyaAngela-hr]

Management principles are those scientific descisions which provides general guidelines to the manager so that they can fulfill the social responsibilities, optimum utilisation of resources and meeting changes in the environment

[pariverma]

management principle are those Scientific Decision which Provide Guidelines to the Manager so that they can Fulfill Social Responsibility, Optimum Utilisation of Resources and Meeting Changing Environment.

❤❤❤

[prabmotivational]

DADU IS SO SECURE

DIVISION OF WORK
AUTHORITY AND RESPONSIBILITY
DISCIPLINE
UNITY OF COMMAND
INITIATIVE
STABILITY AND TENNURE OF PERSONNEL
SCALAR CHAIN
ORDER
SUBORDINATION OF INDIVIDUAL INTEREST TO GENERAL INTEREST
EQUITY
CENTRALISATION
UNITY OF DIRECTION
REMUNERATION
ESPIRIT DE CORPS

[KRITISINGH-qbfk]

14 principle:
1.division of work
2. Authority and responsibility
3. discipline
4. Unity of command
5. Subordination of individual interest to general interest.
6. Principle of order
7. Centralisation and decentralisation
8. Principle of equity
9. Principle of scalar chain
10. Remuneration of persons
11.stability of tenure of personnel
12. Initiative
13.espirit de corps
14 unity of direction

[EYVWAI]

Scientific techniques:
1. functional foremanship
2.standardization and simplification of work
3.work study
>motion
>method
>time
>fatigue
4.differential piece wage rate system
5.mental revolution

[manpreettrustfrated]

managenent principles are the fundamental truth which act as guidance and helps in taking action and decision

[for_menace_sake]

1:06:37 Easy Mnemonic for functional foremanship


Planning department ->
D I R T -y
Disciplinarian + Instruction card clerk + Route clerk + Time and cost clerk.

Production department-> RIGS
Repair boss + Inspector + Gang boss + Speed boss.

[KRITISINGH-qbfk]

Importance of principle management:
1. Scientific decision
2.providing guidelines to manager
3.fulfilling socail responsibility
4. Optimum utilisation of resources
5. Meeting tha change environment requirements

[sonakshisharma]

The nature of principles of management are 7
1. Universal application
2. general guidelines
3. Principles are formed by practice and experiments
4. flexibility
5. behavioral in nature
6. cause and effect relationship
7. All principles are of equal importance

[MukeSh-Kumargiri]

Management principles are those scientific decision which provides guidline to the manager so that they can fulfilling social responsibility, optimum utilisation of resources and meeting change in environment
👈

[Blogging_channel_]

Operational department
1. Gang boss
2. Speed boss
3. Repair boss
4. Inspector boss

Planning department
1. Route clerk
2. Instruction card clerk
3. Time and cost clerk
4. Disciplinarian

[Avisekworks]

PRINICPLES OF MANAGMENT (POINTERS LIST)

OF PRINICPLES OF MANAGEMENT
1. General Guidelines
2. Flexible
3. Formed by practice and experiments
4. Universal Applicability
5. Behavioral nature
6. Based on cause and effect relationship
7. Contingent

IMPORTANCE/SIGNIFICANCE OF PRINCIPLES OF MANAGMENT
1. Providing managers with useful insights into reality
2. Scientific decisions
3. Fulfilling social responsibility
4. Optimum utilisation of resources and effective administration
5. Meeting changing environment requirments
6. Management training, education and research

FAYOL'S PRINCIPLES OF MANAGMENT
1. Division of work
2. Authority and responsibility
3. Discipline
4. Unity of command
5. Unity of direction
6. Subordination of individual interest to general interest
7. Remuneration to employees
8. Centralisation and decentralisation
9. Principle of scalar chain
10. Principle of order
11. Equity
12. Stability of personnel
13. Initiative
14. Espirit de corps

SCIENTIFIC MANGMENT (TAYLOR)

PRINICPLES
1. Science, not rule of thumb
2. Harmony, not discord
3. Co-operation, not individualism
4. Development of each and every person to his/her greatest efficiency and prosperity

SCIENTIFIC TECHNIQUES
1. Function foremanship
2. Standardisation and simplification of work
3. Work study
A. Fatigue study
B. Method study
C. Time study
D. Motion study
4. Differential piece wage system

[PoohTheBear]

Scientific principles by fw Taylor
1. Science not rule of thumb
2. Harmony not discard
3. Cooperation not individualism
4. Development of worker

Scientific techniques
1. Functional formanship
- planning department
a. Route clerk
b. Instruction card clerk
c. Time and cost
d. Disciplinary

- operational department
a. Gang boss
b. Speed boss
c. Repair boss
d. Inspector

2. Standardization and simplification of work

3. Work study
a. Fatigue study
b. Motion study
c. Method study
d. Time study

4. Differential piece wage system

5. Mental revolution

[naiemlakdiwala]

MANAGEMENT PRINCIPLES ARE THOSE SCIENTIFIC DICISION WICH PROVIDE GENRAL GUIDELINE TO MANAGER SO THAT THEY CAN FULFIL SOCIAL RESPONSIBILITY OPTIMUM UTILISATION OF RESOURCES AND MEETING CHANGE IN ENVIRONMENT

[punitmishra]

Scientific principles by fw Taylor
1. Science not rule of thumb
2. Harmony not discord
3. Cooperation, not individualisms
4.developmemt of worker for there greatest efficiency

[Sanjubaba_-]

Hello. sir ❤. we can see your efforts that you do for us ....

[punitmishra]

Importance of principle of management:-
1. Scientific decision
2. Provide guidance to the manager
3. Full filling social responsibility
4. Optimum utilisation of resources
5. Meeting changes in environment













Features of principle of management:-
1. General guidelines
2. Flexible
3. Formed by practice and experiments
4. Behavioral in Nature
5.cause and effect relationship
6. Universal application pervasive